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The Latest Breaking News from USDA

Sugar Prices Close Lower on Strong Sugar Output in Brazil

Oct NY world sugar #11 (SBV23 ) on Friday closed -0.46 (-1.72%), and Dec London white sugar #5 (SWZ23 ) closed -10.70 (-1.49%). Sugar prices Friday settled moderately lower, with London sugar falling to a 4-week low. Sugar has been under pressure this week on signs of ramped-up sugar production...

Barchart

Sugar Prices Recover on Dollar Weakness

Oct NY world sugar #11 (SBV23 ) on Thursday closed +0.60 (+2.30%), and Dec London white sugar #5 (SWZ23 ) closed +7.30 (+1.03%). Sugar prices Thursday recovered from 3-week lows and closed moderately higher as a weaker dollar spurred short covering in sugar futures. Sugar prices Thursday initially posted 3-week...

Barchart

Is a Long-Term Bottom Forming in the Corn Market?

Is the corn market forming a long-term bottom? We should know by the end of September.

Barchart

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NY Sugar Prices Rebound as Crude Prices Soar

Oct NY world sugar #11 (SBV23 ) on Wednesday closed +0.11 (+0.42%), and Dec London white sugar #5 (SWZ23 ) closed -1.40 (-0.20%). Sugar prices Wednesday extended this week's losses to 2-1/2 week lows on ramped-up sugar production in Brazil. However, sugar prices recovered from their worst levels, with NY...

Barchart

Sugar Prices Post Moderate Losses as Brazil Ramps Up Sugar Output

Oct NY world sugar #11 (SBV23 ) on Tuesday closed -0.29 (-1.10%), and Dec London white sugar #5 (SWZ23 ) closed -7.40 (-1.03%). Sugar prices Tuesday extended Monday's losses to 2-week lows on ramped-up sugar production in Brazil. Unica reported that Brazil Center-South sugar output in the first half of...

Barchart

Will the Government Shutdown Result in 'Hunger for Millions' as Reuters Claims?

When you use incorrect stats to bolster your claims, as Reuters did, all kinds of foolish conclusions follow.

Reason

Millions of Americans will lose food assistance if the government shuts down

A shutdown would affect the nearly 7 million women and children who rely on WIC for healthy food. Free school lunch and Meals on Wheels are also at risk, and SNAP could be impacted eventually too.

WEKU

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White House warns nutrition assistance for 7m mothers and children would stop if GOP causes shutdown

White House is warning of the human cost of a potential government shutdown to draw attention to what they describe as the direct consequences of Republican rule

The Independent UK

Sugar Prices Fall on Expectations for a Huge Delivery Against the October Futures Contract

Oct NY world sugar #11 (SBV23 ) on Monday closed -0.66 (-2.45%), and Dec London white sugar #5 (SWZ23 ) closed -12.70 (-1.74%). Sugar prices on Monday tumbled to 1-1/2 week lows on expectations for a huge delivery of sugar supplies against the October sugar futures contract, a sign of...

Barchart

Vilsack sees shutdown taking away children's food, farmers' loans - Roll Call

Agriculture Secretary Tom Vilsack says millions of pregnant women, new mothers and children would lose food aid in a government shutdown.

Roll Call

Thousands of federal firefighters face a looming pay cut. How much is up to Congress

The bipartisan infrastructure law granted federal firefighters a big pay bump. Amid a looming government shutdown, that wage increase will expire, leaving first responders unsure about their income.

WEKU

Man dies after being attacked by swarm of bees on his porch

Swarm of bees emerged from bag of soil and attacked man in Kentucky

Evening Standard

Sugar Prices See Support on Possibility of no India Sugar Exports

Oct NY world sugar #11 (SBV23 ) on Friday closed +0.04 (+0.15%), and Dec London white sugar #5 (SWZ23 ) closed -2.00 (-0.27%). Sugar prices on Friday settled mixed. Sugar prices had carryover support from Thursday after the head of commodities at ED&F Man said India is unlikely to export...

Barchart

Sugar Gains on Fears India May Ban Sugar Exports

Oct NY world sugar #11 (SBV23 ) on Thursday closed +0.14 (+0.52%), and Dec London white sugar #5 (SWZ23 ) closed +6.30 (+0.87%). Sugar prices on Thursday closed moderately higher. Sugar prices garnered support Thursday on comments from the head of commodities at ED&F Man, who said India is unlikely...

Barchart

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Ballotpedia

EPA revises waters of the United States definition to conform with SCOTUS ruling

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Barchart

Cattle Rallied on Wednesday

Front month fat cattle closed the midweek session with gains of $0.92 to $1.27. The feeder cattle futures were $0.55 to $1.30 higher on the day. Cash trade remains light for the week, with USDA confirming $184-$186 for the WCB in the few confirmed trades. The CME Feeder Cattle Index...

Barchart

Weak Crude Oil Prices Spark Long Liquidation in Sugar Futures

Oct NY world sugar #11 (SBV23 ) on Wednesday closed -0.65 (-2.37%), and Dec London white sugar #5 (SWZ23 ) closed -13.50 (-1.82%). Sugar prices on Wednesday closed sharply lower after a -1% fall in crude oil prices sparked long liquidation pressures in sugar futures. Weaker crude prices undercut ethanol...

Barchart

Sugar Prices Rally Towards 12-Year Highs on Brazilian Weather Forecasts

Oct NY world sugar #11 (SBV23 ) on Tuesday closed +0.33 (+1.22%), and Dec London white sugar #5 (SWZ23 ) closed +4.10 (+0.56%). Sugar prices on Monday and Tuesday rallied back up towards last Friday's 12-year highs on forecasts for hot and dry weather in Brazil. Sugar prices were also...

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Barchart

Cattle Back in Red at Midday

Cattle futures considered a Turnaround Tuesday early in the day session, but are back down by another 57 to 85 cents for midday. That follows the 57c to $1.17 losses out of the weekend in a broad ag sell session. Midday feeder cattle futures are also in the red with...

Barchart

Is the US a Secondary Player in the Global Soybean Market?

Since the onset of the trade war between the United States and China, the global soybean market has seen a major shift in its key players.

The Independent UK

Nearly 60,000lbs of ground beef recalled over E. coli fears

Traces of E. coli found in raw beef produced in Wisconsin and shipped to Georgia, Michigan and Ohio

WEKU

$1 million USDA grant a ‘tremendous help’ for Lexington’s Town Branch Park

Lexington’s Town Branch Park is a million dollars closer to completion, thanks to a grant from the U.S. Agriculture Department’s Forestry Division.

Barchart

Sugar Prices Rally Towards 12-Year Highs on Brazilian Weather Forecasts

Oct NY world sugar #11 (SBV23 ) on Monday closed up +0.20 (+0.74%), and Dec London white sugar #5 (SWZ23 ) closed up +5.60 (+0.77%). Sugar prices Monday rallied back up towards last Friday's 12-year highs on forecasts for hot and dry weather in Brazil. Sugar prices were also boosted...

Barchart

Sunday Scaries: What I'm Watching This Week In The Grain Markets

Many want to complain about speculator participation or USDA information now that grain prices are lower. Looking at the role the play, the value they can provide and the numerous other things I'm watching this week.

Barchart

Soybean Prices Poised to Decline Further Into Their October Seasonal Lows

The USDA's Economic Research Service (ERS) reported that global soybean production is forecasted to reach 410.6 million metric tons for the 2023/24 season, an incredible crop year. Will this bumper crop year be enough to push soybean prices from their current levels to their typical seasonal low in October?

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